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Fuel subsidies are widespread and debated extensively. The issues with these subsidies are fully acknowledged by many energy economists; however, the total subsidy level remains high. This is because energy subsidies are often closely related to the political economy viewpoint. Moreover, the...
Persistent link: https://www.econbiz.de/10012289909
Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia … and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and the two neighboring regions and proposes … ways to deepen regional and interregional connectivity. Since the early 1990s, as a consequence of trade-led growth …
Persistent link: https://www.econbiz.de/10010408478
exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by … expanding domestic demand and enlarging intra-regional trade. A key factor to achieving higher regional economic growth and …
Persistent link: https://www.econbiz.de/10008732368
This paper compares financial assistance programs of four euro-area countries (Greece, Ireland, Portugal, and Cyprus) and three non-euro-area countries (Hungary, Latvia, and Romania) of the European Union in the aftermath of the 2007/08 global financial and economic crisis - which were supported...
Persistent link: https://www.econbiz.de/10011635367
Persistent link: https://www.econbiz.de/10003891100
Persistent link: https://www.econbiz.de/10003473334
In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region's economic architecture exhibits certain idiosyncrasies such as an eclectic institutional structure and a limited level of...
Persistent link: https://www.econbiz.de/10003927373
to describe the nature and extent of developmental and growth asymmetries in Asia. Some conceptual aspects of growth … asymmetries are summarized before undertaking an econometric exploration of growth convergence in the Asian region in comparison … to some other prominent regions of the world. The paper finds some evidence of growth divergence among East Asia Summit …
Persistent link: https://www.econbiz.de/10003927386
Two major economic problems are currently shadowing Asian economies. On the one hand, the slowdown in the US economy, ignited by the subprime mortgage crisis, may not be confined to the US region and may affect Asian countries as well. On the other hand, the recent fuel and food price increases,...
Persistent link: https://www.econbiz.de/10003855375
benefited from increased growth, trade, and investment. However, Asia's huge economic potential remains largely untapped due to … hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper …
Persistent link: https://www.econbiz.de/10003855524